Business

UK Regulatory Authority Launches Investigation into Apple and Google's Market Dominance

UK Watchdog Investigates Tech Giants' Compliance

The United Kingdom's Competition and Markets Authority (CMA) has initiated a comprehensive investigation into the operational practices of Alphabet Inc.'s Google and Apple Inc. This probe is focused on their adherence to the Digital Markets, Competition and Consumer (DMCC) Act's Strategic Market Status (SMS).

Focus on Application Stores and Competition Rules

Central to the investigation is an examination of how these tech behemoths manage their application stores and their approach to competition rules. The CMA aims to ensure a fair and competitive digital marketplace.

Potential Interventions by CMA

"If a company is identified as having SMS, the CMA has the authority to enforce interventions. These could include setting specific conduct requirements or implementing pro-competition measures," the agency highlighted.